Gemini's stock price rose 6% in after-hours trading following the release of its fourth-quarter financial results.

Odaily News The stock price of cryptocurrency exchange Gemini rose in after-hours trading due to its stronger-than-expected fourth-quarter performance, indicating that increased credit card adoption and a realigned fee structure drove revenue growth.

Gemini's financial report released on Thursday showed that its fourth-quarter revenue increased by 39% year-over-year to $60.3 million, surpassing analysts' expectations of $51.7 million.

The company reported a net loss of $140.8 million for the fourth quarter, a significant increase compared to the $27 million loss in the same period last year. Gemini expects a full-year loss of $585 million for 2025, higher than the projected full-year loss of $156.6 million for 2024.

In a letter to shareholders, Gemini co-founders Cameron and Tyler Winklevoss stated that despite a decline in trading volume, the fourth quarter still represented the company's highest quarterly revenue in three years. The revenue growth reflects a "carefully crafted fee structure in the second half of the year."

Gemini (GEMI) stock surged as much as 14% in after-hours trading on Thursday, reaching a high of $6.83, but ultimately closed at $6.36, up 5.8%. During regular trading hours, the stock ended essentially flat around $6. (CoinDesk)